Metallurgy news

• Fed interest rate hike will affect base metal prices Experts believe that the Fed's hike in interest rates will affect the metals market and generate significant changes in the future. The Fed's monetary policy is expected to lead to uncertainty in metals prices over the next two years. According to the report, the Fed (Federal Reserve System)... 19.06.2017  21:07

• EU imposed duties on the import of steel bars from Belarus The European Commission on Friday imposed duties on the import of steel reinforcement from Belarus, which, in its opinion, was sold on the European market at dumping prices. According to the EU decision, the imposed import duties over the next five years will protect European producers from... 18.06.2017  12:05

• The global market for refined zinc is in short supply The global refined zinc market experienced a 112,000 tonne deficit in the first four months of 2017, according to data published by the International Zinc and Lead Group (ILZSG). This is compared to a deficit of 20,000 tonnes in the same period in 2016. Global metal demand growth rose 3.7%... 18.06.2017  11:54

• U.S. Senate clears the way for new sanctions against Russia The US Senate overwhelmingly decided in favor of new sanctions against Russia. Thus, according to the Senate, Russia should be punished for alleged interference in the US elections, the annexation of the Crimean peninsula and support for the government in Damascus in Syria. In order to become... 16.06.2017  09:57

• The United States is concerned about the growth of imports of Russian metal The US Department of Commerce will soon present its findings from its steel import investigation. Some experts have speculations that the focus will be, among other things, on the import of cast iron from Russia. Products of the leading Russian manufacturers MMK, Mechel, NLMK and others are in... 15.06.2017  22:31

• The Chinese are interested in Zaporizhstal PJSC "Zaporizhstal" in the framework of the development of partnership relations between the twin cities of Zaporozhye and Yichang (PRC) was visited by a delegation headed by Deputy Mayor Zhou Zhenying. During the visit, the guests got acquainted with the projects for the environmental... 15.06.2017  19:31

• China increases steel production again Steel production in China rose 1.8 percent in May 2017 from a year earlier. Data from the country's bureau of statistics showed that the factories of the world's largest manufacturer are maintaining robust profitability despite government efforts to curb overcapacity. The total volume of steel... 15.06.2017  08:48

• 3,000-year-old copper mask found in South America The mask is the oldest copper product. It is a well-known fact that copper was used by ancient peoples to make the earliest instruments and works of art. After the mask was found in a grave in the province of Catamarca in northern Argentina, anthropologists believe that the mask is the oldest... 14.06.2017  14:12

• Vietnam's steel industry will grow by 12-15 percent Vietnam's steel industry is projected to grow 12-15 percent over the next five years, as discussed in Ho Chi Minh City at a seminar entitled “Steel Sector: Prospects 2017-2020”. According to the Vietnam Steel Association (VSA), pig iron production is projected to increase by 80 percent in 2017 to... 14.06.2017  13:22

• PJSC "ArcelorMittal Kryvyi Rih" allocated 55 million UAH for the purchase of new heavy-duty BelAZ trucks Kryvyi Rih, June 14, 2017 PJSC ArcelorMittal Kryvyi Rih allocated UAH 55 million to purchase two new heavy-duty BelAZ trucks with a carrying capacity of 130 tons for the mining transport department of the company's mining department. This transport will ensure the removal of ore and overburden from... 14.06.2017  10:44